Indonesia’s Ministry of Trade has set the August 2026 reference price for crude palm oil (CPO) at USD 996.52/MT, down 0.44% from July, affecting export duty (BK) and BPDP levy rates. Simultaneously, the ministry announced higher benchmark export prices (HPE) for cocoa beans, pine resin, and wood products for the same period. These prices determine […]
Ministry Archives:Kemendag
Indonesia Sets Export Reference Price and Benchmark Price for Gold, Period I August 2026 – Both Decline
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 130,921.50/kg for the first period of August 2026, down 0.7% from the second period of July 2026. The reference price (HR) for gold also fell to USD 4,072.12 per troy ounce from USD 4,100.67. These prices are established under Ministerial […]
Indonesia Pushes for IP-CEPA Ratification, Minister: Peru as Gateway to South American Exports
Indonesian Trade Minister Budi Santoso is urging parliament to expedite ratification of the Indonesia-Peru Comprehensive Economic Partnership Agreement (IP-CEPA). The minister frames Peru as a gateway for Indonesian exports to South America. The push focuses on accelerating the formal legislative process to bring the agreement into force.
Ministry of Trade Working Meeting with DPR Commission VI on Ratification of Four Trade Agreements
Indonesian Trade Minister Budi Santoso and Deputy Minister Dyah Roro Esti held a working meeting with Parliamentary Commission VI to discuss ratification of four trade agreements. The meeting took place at the DPR building in Jakarta on July 21, 2026. No further details on which agreements are named in the snippet.
Trade Minister Proposes Parliamentary Ratification of Indonesia-EAEU FTA and Three ASEAN Strategic Agreements
Indonesian Trade Minister Budi Santoso presented to the House of Representatives Commission VI a proposal to ratify four international trade agreements, including the Indonesia-EAEU FTA and three ASEAN strategic agreements. Ratification would proceed via Presidential Regulation. The minister sought parliamentary support to advance these agreements.
Indonesia’s Ministry of Trade Optimizes Protection of Local Cosmetics Industry Through Safeguard Measures
Indonesia’s Ministry of Trade is applying trade safeguard measures (TPP) to protect the domestic cosmetics industry from serious injury caused by surging imports. The safeguard instrument is designed to give domestic industry breathing room to recover. This represents a specific named trade remedy action targeting the cosmetics sector.
Export Reference Price and Benchmark Price for Gold Period I July 2026 Decrease Following Global Gold Price Weakness
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 135,512.62/kg for the first period of July 2026, down 5.36% from USD 143,190.64/kg in the second period of June 2026. The reference price (HR) also fell to USD 4,214.92 per troy ounce from USD 4,453.73. The figures are established under […]
July 2026: CPO Reference Price Falls, Export Reference Prices for Cocoa Beans and Pine Resin Rise, Wood Products Mixed, Leather Stable
Indonesia’s Ministry of Trade has set the July 2026 reference price (Harga Referensi) for crude palm oil (CPO) at USD 1,000.90/MT, down 2.78% from June 2026, which affects the applicable export duty and palm oil fund levy rates. Export reference prices (HPE) for cocoa beans and pine resin increased, while wood products moved variably and […]
Indonesia’s Export Reference Price for Gold Falls 5.36% for Early July 2026
Indonesia’s Ministry of Trade has set the Export Reference Price (HPE) and Reference Price (HR) for gold for 1–14 July 2026 via Ministerial Decree No. 1505/2026, showing a 5.36% decline. The drop is attributed to a strengthening US dollar and rising US Treasury yields. These prices determine the export duty base for mining products.
Indonesia’s CPO Reference Price Falls 2.78% for July 2026
Indonesia’s Ministry of Trade set the reference price for crude palm oil (CPO) at US$1,000.90 per metric ton for July 2026, down 2.78% (US$28.62) from June 2026’s US$1,029.51/MT. The reference price is used to determine export duties and levies on CPO and related products.